In the forty years that Davies Craddock Insurance have been trading it always surprises us on the annual increase on empty properties. Many property owners are unaware that that some standard home insurance does not cover if it is left unoccupied for more than 30 days.
What is Unoccupied insurance?
Unoccupied insurance covers you when your home is empty for longer than your standard policy will allow. You normally would only get cover if your home is empty for up to 30 days, anything happens outside this period will not be covered.
Complications and risks arise when your property is empty for an extended period, for example, the chance of theft go up, significant damage can occur with risks such as burst pipes and no one there for a period of time.
What are the options?
When taking out unoccupied insurance you should always find a policy that covers:
- Storm, flood or fire damage – Natural disaster while you are away
- Escape of water or oil – Any burst pipes or leakages somewhere in the house
- Theft – If someone breaks into your home and steals your belongings
- Vandalism – Any criminal damage occurs in your absence
- Legal expenses – Any legal fees for situations such as removal of squatters, trespassers or personal identity theft.
- Public liability – Any damage caused by your property, for example roof tile falls and breaks on a car window.
Most insurance policies will vary between providers; therefore, some won’t provide all the same levels of cover. Davies Craddock Insurance can guide you through the cover required for your property.
Get in touch today…
Davies Craddock Insurance have many years’ experience in dealing with unoccupied properties, with access to a wide range of insurers, we can offer a competitive and flexible range of insurance policies that will be unique to you.